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NINETY ONE GLOBAL ENVIRONMENT I GBP

NINETY ONE GLOBAL ENVIRONMENT I GBP - Overview

Overview of NINETY ONE GLOBAL ENVIRONMENT I GBP

The Fund aims to grow the value of your investment and provide income over at least 5 year periods, after allowing for fees. The Fund invests globally, primarily (at least two-thirds and typically substantially more) in the shares of companies which the Investment Manager believes contribute to positive environmental change through sustainable decarbonisation (the process of reducing carbon dioxide emissions).

  • Standard Initial Charge 0.00%
  • Initial charge via Bestinvest 0.00%

Fund summary

Sector Global
Structure OEIC
Launched December, 2019
Size £1,489m
Yield 0.5%
Charging basis Income
Dividends paid 30 Apr

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.92%

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Bestinvest view

No information available.

Portfolio

Allocation Proportion(%)
Equity 97
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 3
Allocation Proportion(%)
UK 5
Europe 30
North America 28
Japan 5
Pacific 8
Emerging Markets 24
Allocation Proportion(%)
Large Caps 79
Mid Caps 15
Small Caps 6

View all performance data for this fund

Investment process

No information available.

Live feed

Bid price(inc) 163.57p
Accum units 163.57p
Fund commentary
Fund data updated on 17/09/21

Asset allocation

Allocation Proportion(%)
Equity 97
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 3

Equity Geographic

Allocation Proportion(%)
UK 5
Europe 30
North America 28
Japan 5
Pacific 8
Emerging Markets 24

Equity Capitalisation

Allocation Propor
tion(%)
Large Caps 79
Mid Caps 15
Small Caps 6

Top 10 holdings

As at: 31/07/2020
7.1% Nextera Energy Inc
6.3% Vestas Wind Systems
5.6% Xinyi Solar Hldgs Ltd
5.4% Orsted A/S
5.3% Schneider Electric Se
5.2% Waste Management Inc
4.7% Te Connectivity Ltd
4.7% Iberdrola Sa
4.5% Aptiv Plc
4.1% Terna Rete Elettrica Nazionale
Source: Trustnet

Sector breakdown

Industrials 35%
Information Technology 32%
Utilities 21%
Materials 6%
Consumer Discretionary 5%
Money Market 2%

Portfolio details

No information available.

Constraints

No information available.

Average monthly relative returns Bestinvest MRI
16/17 17/18 18/19 19/20 20/21   3 years 5 years Career 3 years 5 years Career
1.34%   1.29%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Dierdre Cooper / Graeme Baker

Manager. Cooper works in the Natural Resources team at Ninety One. Prior to joining the team in 2018, she was a Partner, Portfolio Manager and Head of Research at Ecofin. Before joining Ecofin, she was an investment banker at Morgan Stanley where she headed the European Renewable Energy coverage effort. She has also worked on a voluntary basis in the microfinance sector both in the US and in Pakistan. She is a member of the advisory board of Girls Who Invest, a non-profit organisation whose mission is to increase the percentage of the world’s investable capital run by women. She is also a member of the advisory board of the Shell Foundation’s Energy Company of the Future project, as well as the advisory board for Imperial College’s Centre for Climate Finance and Investment. Cooper earned her MBA from Harvard Business School, where she was a Baker Scholar, and her BA from University College Dublin.

Track record

The track record of Dierdre Cooper / Graeme Baker in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance
Absolute -15% (January 2020 - March 2020)
Relative -8% (December 2020 - April 2021)

Other funds managed

  Start Date
NINETY ONE GLOBAL ENVIRONMENT I GBPDec 2019

Sector record since January 2020 (2 yr)




About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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